1-bed · 31 sqftAl Falak Residence, Dubai Silicon Oasis · 3rd floor · completed 2015

306, Al Falak Residence

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 629K22 January 2018
Current rentAED 40K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Al Falak Residence

What is 306 worth today?

Last sold for AED 629,275 in 2018

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20 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
20 Jul 2022RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
20 Jul 2021RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
1 May 2020RentedNew contract
AED 32,308/yr13 months · AED 50 per sqft
15 Jun 2018RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
22 Jan 2018Sold by developerReady
AED 629,275AED 967 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
1-bed apartment
Size
31 sqft
Floor
3rd of 8
Parking
G-32
Developer
Al Falak Residenceo
Completed
2015
Service charge
AED 400 /yr
Last sold
AED 629K · January 2018

About 306, Al Falak Residence

306 is a one-bedroom apartment of 31 sqft on the 3rd floor of Al Falak Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Al Falak Residenceo. The developer sold it on 22 January 2018 for AED 629,275, or AED 967 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 20 July 2025, is AED 40,000 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 400 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Al Falak Residence
400K600K2018202120242027Typical sale price by year: 2018 AED 580,000; 2019 AED 500,000; 2021 AED 337,500; 2023 AED 400,000; 2025 AED 550,000; 2026 AED 570,000Sold by developer, January 2018: AED 629,275 (AED 967 per sqft)

306 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Al Falak Residence
30K40K50K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 41,502; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 30,500; 2023 AED 34,800; 2024 AED 42,055; 2025 AED 44,400; 2026 AED 50,000New contract, June 2018: AED 45,000 a yearNew contract, May 2020: AED 32,308 a yearNew contract, July 2021: AED 28,000 a yearNew contract, July 2022: AED 28,000 a yearNew contract, July 2025: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Falak Residence, and where 306 sits

All 63 1-beds →

Over the last 12 months one-beds sold for AED 480,000 to 582,141, around AED 830 per sqft, and rent for AED 42,000 to 63,170 a year. 306's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jul 2026580,000
16 Mar 2026480,000
23 Jan 2026570,000
9 Dec 2025582,141
4 1-bed sales in the last 12 months

Al Falak Residence

Building

95 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Al Falak Residenceo. 4 sold in the last 12 months.

Typical price per sqft
AED 830
Typical sale
AED 575K
Typical rent
AED 50K /yr
Typical yield
8.3%
Al Falak Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 95 units in Al Falak Residence
Value
3012-bedAED 705K · Mar 2024
3021-bedAED 570K · Jan 2026
3032-bedAED 660K · Sep 2023
3041-bedAED 390K · Mar 2023
3051-bedAED 575K · May 2025
3071-bedAED 615K · Mar 2018
3082-bedAED 680K · Nov 2023
1–7 of 13

306, Al Falak Residence in numbers

  • Sold once: by Al Falak Residenceo on 22 January 2018 for AED 629,275, or AED 967 per sqft.
  • Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2022 and recovered to AED 40,000 by July 2025.
  • At AED 40,000 a year the gross yield on the 2018 price is 6.4%, before a service charge of about AED 400 a year (AED 11.74 per sqft).
  • One-beds in Al Falak Residence sold for AED 480,000–582,141 in the 12 months to November 2026; the building's median across all types is AED 830 per sqft.

Source: Dubai Land Department. Updated 20 July 2025.

Questions about 306, Al Falak Residence

What did unit 306 last sell for?

AED 629,275 on 22 January 2018, sold by the developer: AED 967 per sqft for 31 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 40,000 a year on the contract signed on 20 July 2025. The previous contract, from July 2022, was AED 28,000; the unit has been rented since June 2018.

How big is unit 306?

31 sqft (2.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Falak Residence sold for AED 480,000 to 582,141 in the last 12 months, around AED 830 per sqft.

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Mortgage on 306, Al Falak Residence

Starts from the last sale price (AED 629K, 22 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 629,275
Deposit, UAE resident (20%)
AED 125,855
Deposit, non-resident (40%)
AED 251,710
Monthly over 25 years at 3.7%
AED 2,575

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →